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NEWS

AWARD FOR HAND IN HAND'S SHG PROGRAMME

23 FEBRUARY 2009. CHENNAI.

NABARD, the National Bank for Agriculture and Rural Development, India, has awarded Hand in Hand the First Prize in the NGO category for excellent performance in the SHG-Bank Linkage Programme in Tamil Nadu for 2007-08.

The award, handed over at a ceremony held in Image Auditorium, Chennai, was received by Hand in Hand CEO Dr Kalpana Sankar and Mr. V. Karuthoviyan, Project Director, SHG and Microfinance pillar.

The award is a highly encouraging sign from the Indian government, even as Hand in Hand gears up to increase the outreach of its SHG, microfinance and training programme across India. We have so far mobilised over 386,000 members into groups, and have helped create or upgrade more than 215,000 small and medium enterprises.

We are at present in 18 districts of Tamil Nadu, as well as other states such as Madhya Pradesh and Karnataka. We have also taken the SHG and enterprise creation model to South Africa, Afghanistan and Brazil.